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Economy in Branford, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBranford, CTUnited States
Unemployment Rate7.70%9.10%
Recent Job Growth-0.50%-0.12%
Future Job Growth31.30%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$40,034$27,067
Household Income$71,032$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.24%12.10%
Income between 15K and 25K6.78%10.18%
Income between 25K and 35K7.72%10.56%
Income between 35K and 50K13.25%14.98%
Income between 50K and 75K18.78%19.53%
Income between 75K and 100K16.18%12.52%
Income between 100K and 150K18.48%12.14%
Income between 150K and 250K6.09%3.91%
Income between 250K and 500K5.36%3.34%
Income greater than 500K1.12%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.87%13.81%
Professional and Related Occupations30.98%22.68%
Service11.78%14.51%
Sales and Office25.55%25.22%
Farming, Fishing, and Forestry0.01%0.68%
Construction, Extraction, and Maintenance6.81%9.37%
Production, Transportation, and Material Moving9.97%15.86%
Median Household Income

The unemployment rate in Branford, CT, is 7.70%, with job growth of -0.50%. Future job growth over the next ten years is predicted to be 31.30%.

Branford, CT Taxes

Branford, CT,sales tax rate is 6.00%. Income tax is 5.00%.

Branford, CT Income and Salaries

The income per capita is $40,034, which includes all adults and children. The median household income is $71,032.


Branford Economy SperlingViews

Nice New England town.: Branford has the New England town look located right on the shoreline. Has the small community feel. Located a short drive from New Haven where Yale is located. Cost... (read more)Have an opinion about Branford? Leave a commentTo See All SperlingViews for Branford Click Here